Audemars Piguet Royal Oak Offshore Chronograph 26470ST vs Patek Philippe Golden Ellipse 5738R-001

SpecificationAudemars Piguet Royal Oak Offshore Chronograph 26470STPatek Philippe Golden Ellipse 5738R-001
BrandAudemars PiguetPatek Philippe
CollectionRoyal Oak OffshoreGolden Ellipse
Reference26470ST.OO.A027CA.015738R-001
CategoryChronographDress
Movement TypeAutomaticAutomatic
CaliberAP 3126/3840Patek Philippe 240
Power Reserve50h48h
Frequency21,600 vph21,600 vph
Case Diameter42.0mm34.5mm
Case Thickness14.2mm6.7mm
Case MaterialStainless Steel18k Rose Gold
CrystalSapphireSapphire
Water Resistance100m / 328ft30m / 98ft
Weight130g45g
MSRP$30,500$30,100
Market Price$40,000$32,000

In-Depth Comparison

The Audemars Piguet Royal Oak Offshore Chronograph 26470ST and the Patek Philippe Golden Ellipse 5738R-001 represent two compelling options in the luxury watch market. Both timepieces have earned devoted followings among collectors and enthusiasts, but they approach horology from distinctly different perspectives. Let's break down how these two watches compare across the key dimensions that matter most to buyers.

Heritage And Brand Prestige

Audemars Piguet and Patek Philippe are both highly respected names in watchmaking. Both watches hail from Switzerland, benefiting from the region's deep horological tradition. This particular Royal Oak Offshore reference was introduced in 2014, while this Golden Ellipse reference debuted in 2018. The Patek Philippe Golden Ellipse 5738R-001 is the newer release, potentially featuring more modern technology and finishing.

Movement And Mechanics

At the heart of the Audemars Piguet Royal Oak Offshore Chronograph 26470ST beats the AP 3126/3840 caliber offering a 50-hour power reserve running at 21,600 vph with 59 jewels. The Patek Philippe Golden Ellipse 5738R-001 is powered by the Patek Philippe 240 with a 48-hour power reserve operating at 21,600 vph featuring 27 jewels. The Audemars Piguet Royal Oak Offshore Chronograph 26470ST wins on power reserve with a 2-hour advantage, which means less frequent winding for those who rotate watches.

Dimensions And Wearability

The Audemars Piguet Royal Oak Offshore Chronograph 26470ST features a 42.0mm case at 14.2mm thick with a 50.0mm lug-to-lug measurement, crafted in Stainless Steel. The Patek Philippe Golden Ellipse 5738R-001 comes in at 34.5mm and 6.7mm thick with 39.0mm lug-to-lug, constructed from 18k Rose Gold. The Patek Philippe Golden Ellipse 5738R-001 wears more compactly on the wrist, making it potentially more suitable for smaller wrists or those who prefer understated proportions. At 45g, the Patek Philippe Golden Ellipse 5738R-001 is the lighter of the two.

Materials And Construction

The Audemars Piguet Royal Oak Offshore Chronograph 26470ST uses a Sapphire crystal paired with a Fixed, octagonal with exposed screws bezel, while the Patek Philippe Golden Ellipse 5738R-001 features Sapphire crystal with a Fixed, smooth elliptical bezel. On the wrist, the Audemars Piguet Royal Oak Offshore Chronograph 26470ST comes on a Blue rubber strap with Stainless Steel pin buckle, while the Patek Philippe Golden Ellipse 5738R-001 is fitted with Black alligator leather strap featuring Pin buckle in 18k rose gold.

Water Resistance And Capability

The Audemars Piguet Royal Oak Offshore Chronograph 26470ST is rated to 100m / 328ft and the Patek Philippe Golden Ellipse 5738R-001 to 30m / 98ft. For serious diving or water activities, the Audemars Piguet Royal Oak Offshore Chronograph 26470ST offers a meaningful advantage.

Pricing And Value

At retail, the Audemars Piguet Royal Oak Offshore Chronograph 26470ST lists for $30,500 compared to $30,100 for the Patek Philippe Golden Ellipse 5738R-001. On the secondary market, the Audemars Piguet Royal Oak Offshore Chronograph 26470ST trades around $40,000 while the Patek Philippe Golden Ellipse 5738R-001 commands approximately $32,000. The Audemars Piguet Royal Oak Offshore Chronograph 26470ST trades at a 31% premium over retail, indicating strong demand and investment potential. The Patek Philippe Golden Ellipse 5738R-001 carries a 6% market premium.

The Verdict

Choosing between the Audemars Piguet Royal Oak Offshore Chronograph 26470ST and the Patek Philippe Golden Ellipse 5738R-001 ultimately comes down to personal priorities. For dress occasions and smaller wrists, the Patek Philippe Golden Ellipse 5738R-001 is more versatile. as an investment piece, the Audemars Piguet Royal Oak Offshore Chronograph 26470ST has proven market demand. Both watches are exceptional timepieces that will serve their owner well for generations. We recommend trying both on the wrist at an authorized dealer before making your final decision, as comfort and emotional connection are ultimately just as important as specifications.